Polar Power Inc (NASDAQ: POLA) shares were also up, gaining 14 percent to $6.05 as the company disclosed that it has Receives multi-unit purchase order of DC Power Systems from new Tier-1 wireless carrier for Puerto Rico market.

Equities Trading DOWN

AcelRx Pharmaceuticals Inc (NASDAQ: ACRX) shares dropped 57 percent to $2.28 after the company disclosed that it received a CRL from the FDA regarding its NDA for DSUVIA. The FDA did not approve the NDA in its present form.

Shares of J.Jill Inc (NYSE: JILL) were down 50 percent to $4.96 after the company issued a weak earnings outlook for the third quarter. The company expects adjusted earnings $0.08-$0.10 per share versus the sell-side consensus estimate of $0.19.

NanoString Technologies Inc (NASDAQ: NSTG) was down, falling around 37 percent to $9.92 as the company issued weak preliminary guidance for the third quarter. The company also reduced its Q3 Product & Service sales guidance. Cowen & Co. downgraded NanoString from Outperform to Market Perform, while Janney Capital downgraded the stock from Buy to Neutral.

Commodities

In commodity news, oil traded down 1.83 percent to $50.36 while gold traded up 0.41 percent to $1,294.20.